Morgan Stanley Maintains Equal-Weight on M&T Bank, Lowers Price Target to $175
Morgan Stanley analyst Ken Zerbe maintains M&T Bank (NYSE:MTB) with a Equal-Weight and lowers the price target from $180 to $175.
M&T Bank: Q2 Earnings Insights
Shares of M&T Bank (NYSE:MTB) moved higher by 0.6% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 96.02% year over year to $3.45, which missed the estimate of $3.60.
M&T Bank Q2 EPS $3.45 Misses $3.60 Estimate
M&T Bank (NYSE:MTB) reported quarterly earnings of $3.45 per share which missed the analyst consensus estimate of $3.60 by 4.17 percent. This is a 96.02 percent increase over earnings of $1.76 per share from the same
Analyzing M&T Bank’s Unusual Options Activity
On Tuesday, shares of M&T Bank (NYSE:MTB) saw unusual options activity. After the option alert, the stock price moved up to $135.71.
Earnings Outlook For M&T Bank
On Wednesday, July 21, M&T Bank (NYSE:MTB) will release its latest earnings report. Check out Benzinga's preview to understand the implications.
3 Top Bank Stock Picks For ‘Goldilocks Inflation’ Cycle
Investors are gearing up for a potential jump in inflation rates following an unprecedented $6 trillion in U.S. government stimulus spending since the beginning of 2020.
An extended period of elevated inflation may be great news for banks as long as inflation rates don’t get out of control, according to Bank of America analyst Erika Najarian
M&T Bank Q4 EPS $3.62 Beats $3.47 Estimate
M&T Bank (NYSE:MTB) reported quarterly earnings of $3.62 per share which beat the analyst consensus estimate of $3.47…
Earnings Scheduled For January 23, 2020
Companies Reporting Before The Bell Southwest Airlines Co. (NYSE:LUV) is projected to report quarterly earnings at $1.10 per…